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A new model of wage determination and wage inequality

Jasso, Guillermina - 2008

power depend on the configuration of agreements and disagreements; (2) Independence of mind reduces wage inequality, and …

Persistent link: https://www.econbiz.de/10010269355

Power, productivity and profits

Guy, Frederick; Skott, Peter - 2007

New information and communication technologies, we argue, have been 'power-biased': in many industries they have … allowed firms to monitor workers more closely, thus reducing the power of these workers. An efficiency wage model shows that … 'power-biased technical change' in this sense may generate rising inequality accompanied by an increase in both unemployment …

Persistent link: https://www.econbiz.de/10010287860

A Test of the 'Krugman Hypothesis' for the United States, Britain, and Western Germany

Puhani, Patrick A. - 2003

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...

Persistent link: https://www.econbiz.de/10010297281

Firm Heterogeneity in Capital/Labor Ratios and Wage Inequality

Leonardi, Marco - 2003

This paper provides some empirical evidence and a theory of the relationship between residual wage inequality and the increasing dispersion of capital/labor ratios across firms. I document the increasing variance of capital/labor ratios across firms in the US labor market. I also show that the...

Persistent link: https://www.econbiz.de/10010261620

The Diffusion of Computers and the Distribution of Wages

Borghans, Lex; ter Weel, Bas - 2004

When workers adopt technology at the point where the costs equal the increased productivity, output per worker increases immediately, while the productivity benefits increase only gradually if the costs continue to fall. As a result, workers in computer-adopting labor market groups experience an...

Persistent link: https://www.econbiz.de/10010261864

Occupational Mobility and Wage Inequality

Kambourov, Gueorgui; Manovskii, Iourii - 2004

In this study we argue that wage inequality and occupational mobility are intimately related. We are motivated by our empirical findings that human capital is occupation-specific and that the fraction of workers switching occupations in the United States was as high as 16% a year in the early...

Persistent link: https://www.econbiz.de/10010261938

Why Do Part-Time Workers Earn Less? : The Role of Worker and Job Skills

Hirsch, Barry T. - 2004

The wages of part-time workers are considerably lower than are those of full-time workers. Measurable worker and job characteristics, including occupational skill requirements, account for much of the part-time penalty. Longitudinal analysis indicates that much of the remaining gap reflects...

Persistent link: https://www.econbiz.de/10010262011

Differences in US-German Time-Allocation: Why Do Americans Work Longer Hours than Germans?

Schettkat, Ronald - 2003

The conventional view is that Americans work longer hours than Germans and other Europeans but when time in household production is included, overall working time is very similar on both sides of the Atlantic. Americans spend more time on market work but German invest more in household...

Persistent link: https://www.econbiz.de/10010262102

Wage Dynamics and Unobserved Heterogeneity : Time Preference or Learning Ability?

Munasinghe, Lalith; Sicherman, Nachum - 2004

A large fraction of the variation in wage levels and wage growth rates among individuals remains unexplained. Economists argue that ?unobserved? heterogeneity is among the more likely reasons for this unexplained variation in wages. The source of individual heterogeneity is typically attributed...

Persistent link: https://www.econbiz.de/10010262170

?Atypical Work? and Compensation

Addison, John T.; Surfield, Christopher J. - 2005

Atypical work, or alternative work arrangements in U.S. parlance, has long been criticized for providing poorly-compensated employment. Although one group of atypical workers (contractors) seems to enjoy a wage premium, our cross-section results from the CPS and NLSY for the better-known...

Persistent link: https://www.econbiz.de/10010262200